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we take up all of this here tonight with the republican strategist who served in the bush white house, and also, negative economic reports having little effect on the market today. lou joins us as does the head of the catholic league, bill donohue on where the obama administration funds anti-christian art, if you can call it art, and the fight with planned parenthood. we begin with the obama administration still trying to put forward a narrative that matches facts. terrorism is a foreign word for this administration whose lack of transparency is further qomp kateed by a complete lack of security in the consulate in an unstable, violent, muslim nation. we have the latest in this live report. katherine? >> well, thank you, lou. associate for the director of national intelligence issued a statement that seemed to give cover to the administration while at the same time acknowledges the benghazi terrorism by those affiliated with al-qaeda. there was information that led usthe intelligence community, to assess the attack began spontaneous following protests earlier that day in cairo. we pro
we take up all of this here tonight with the republican strategist who served in the bush white house, and also, negative economic reports having little effect on the market today. lou joins us as does the head of the catholic league, bill donohue on where the obama administration funds anti-christian art, if you can call it art, and the fight with planned parenthood. we begin with the obama administration still trying to put forward a narrative that matches facts. terrorism is a foreign word...
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zynga cut the outlook again and the stock is falling out of bed. >> absolutely, this is down about 22% this morning, give or take a few percentage points and this is a $10 ipo back in december and it's looking like it's going to look like around 2 1/4 today, stuart, as you know, cutting the outlook for the second time in a row this year right as we see it down. >> it's down 80% from the ipo, i think, that's the farmville. >> it's atrocious, get an ipo for $10 and hovering around $2? you know, in less than a year, it's tough. stuart: and phantom pigs don't fly. thanks, nicole. back to you very, very shortly and let's move that graphic, please. let's get back to the serious moves. this is the jobs report. this is brian wesbury, joins us from nashville. all right, brian for the benefit of viewers just joining us i've got this number. >> right. stuart: 7.8%, a big drop in the unemployment rate. >> it is. stuart: 873,000 people apparently found work last month. but there are only 114,000 new jobs. i tell you, brian, there is widespread distrust and skepticism about these numbers. go. >> yea
zynga cut the outlook again and the stock is falling out of bed. >> absolutely, this is down about 22% this morning, give or take a few percentage points and this is a $10 ipo back in december and it's looking like it's going to look like around 2 1/4 today, stuart, as you know, cutting the outlook for the second time in a row this year right as we see it down. >> it's down 80% from the ipo, i think, that's the farmville. >> it's atrocious, get an ipo for $10 and hovering...
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reinvigoration of the economy on its feet. interesting that people put more money, there was stock from a the ecb, and they would be euro printing. and giving some impetus to the rising gold but some say it is time to become too much bluster and dropping back a little bit after its recent run up. financials really applauding the market. look at j. p. morgan up 2%. bank of america up 3% but all of the banking stocks doing very well. you have financials in the market. when the bell rings the argument begins that the regulation with -- about to go down in flames with revelations from a man at the helm. one of the nation's biggest banks during the heart of the meltdown. john ellison is here to focus the blame back where it belongs. you don't want to miss this debate. cleveland is open for business. liz claman in the heart of the city. what makes their city the place to be? liz: you should be here. this is a rock and roll hall of fame at huge tourist attraction. look what i got you. and he was two years old. and this was the best.
reinvigoration of the economy on its feet. interesting that people put more money, there was stock from a the ecb, and they would be euro printing. and giving some impetus to the rising gold but some say it is time to become too much bluster and dropping back a little bit after its recent run up. financials really applauding the market. look at j. p. morgan up 2%. bank of america up 3% but all of the banking stocks doing very well. you have financials in the market. when the bell rings the...
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so actually the fee awards to ae plaintiffs lawyers represent 80% of the economic benefit of the actual thing. dennis: ordered to pay $2 billion to the copper, you're kind of paying it back around to yourself. the guys who sued you got this award, but then the lawyer fees are based on their cut and the payment you make yourself when you didn't even hire the lawyers. you appealed that and loss, two other companies worry about this? >> this is a delaware court. the way it came out, treated unfairly. the largest conglomerate doing business in the states in other parts of mexico and latin america, what we believe is this will set a bad precedence. dennis: at trial the judge would not let a goldman sachs advisor testify, why? >> basically it was sitting dormant for six years and they would not allow them to modify the schedule for the goldman sachs banker to testify. it is a case of evaluation. dennis: you should've had your evaluation expert come in and testify. we hope you well, we appreciate you being here. lawyers $35,000 per hour, i think i may switch careers. we appreciate it. >> thank
so actually the fee awards to ae plaintiffs lawyers represent 80% of the economic benefit of the actual thing. dennis: ordered to pay $2 billion to the copper, you're kind of paying it back around to yourself. the guys who sued you got this award, but then the lawyer fees are based on their cut and the payment you make yourself when you didn't even hire the lawyers. you appealed that and loss, two other companies worry about this? >> this is a delaware court. the way it came out, treated...
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, 46%, only 22% liked obama's performance. does that -- a, does that surprise you? b, what other fallout from the debate? romney attract more money? what's going on? >> it surprises me that that many people thought the president did well. you know, polls show the president's 20 some odd percent of people thought the president won the debate. i don't know who they are unless they are democratic supporters of the president who support him no matter what he said. there's a different take than what doug offered in the argument. there's no question he had several points in the debate, sort of nodding towards the center or talked about the importance of bipartisanship when he was governor of massachusetts, but i thought the thing that distinguished governor romney, and he did well because he was bold and aggressive, not just in terms of the tone, but in terms of the substance. remember, there was one point at which jim lehrer asked the candidates to talk about entitlement reform, a substantive exchange, and president obama wanted to
, 46%, only 22% liked obama's performance. does that -- a, does that surprise you? b, what other fallout from the debate? romney attract more money? what's going on? >> it surprises me that that many people thought the president did well. you know, polls show the president's 20 some odd percent of people thought the president won the debate. i don't know who they are unless they are democratic supporters of the president who support him no matter what he said. there's a different take...
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everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. lou: what's happening down in your list? where is your dollar? where is your stafford act money? it makes no sense. it tells me the bullet is not been taken out. it tells me that somehow the people down in new orleans don't care about as much. lou: they don't care about as much. those folks down in new orleans, implying because they're black. that the federal government, the rest of us, apparently, did not care about the folks in the once in 2005. that, of course, then senator barack obama talking on the fifth of june. in 2007, that video obviously very, very well documented. the current president's view before a mostly black audience of ministers that the country just doesn't care as much about our black citizens as we do other citizens, specifically knew well as residents. what i wanted to do tonight is but
everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. lou: what's happening down in your list? where is your dollar? where is your stafford act money? it makes no sense. it tells me the bullet is not been taken out. it tells me that somehow the people down in new orleans don't care about as...
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to the economy in six, nine months. >> i think about housing and real estate. mortgage rates, going to keep those things way, way down. what i'm saying is, if you've got money and you invest it, then he's going to help you, if you're part of the broader economy, you're struggling to get along at the lower end of the income scale and don't have much to invest, you don't have a lot. >> pretty much. we can't just leave it right there. [laughter] >> let's get this clear. if i, as an interviewer, i rely on you to come up with at least one full statement in response to any statement that i might make, so can you rephrase that? >> yes, i can, you have to be in this market because ben bernanke wants you to be in this market. inflation is directly to the stock market and you can't afford to sit this out. bonds are terrible investment, and companies in fact are still earning, particularly global diversified ones and you've got opportunity to resource and opportunities for big financials right now those are probably the bright spot in earnings. stuart: that's better. you
to the economy in six, nine months. >> i think about housing and real estate. mortgage rates, going to keep those things way, way down. what i'm saying is, if you've got money and you invest it, then he's going to help you, if you're part of the broader economy, you're struggling to get along at the lower end of the income scale and don't have much to invest, you don't have a lot. >> pretty much. we can't just leave it right there. [laughter] >> let's get this clear. if i, as...
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>> she has been saying he wants to extend the bush tax cuts. he wants to give tax cuts to people over to -- 250. repeal the estate tax and he said he also wants to increase spending for the defense industry. so i don't -- it's right there. this is what he has been running on. he says this will spark economic revival. >> so we don't know is what the president will run on. lou: we do know. he has to run on his record. what he has done is not deliver on cutting the deficit. what he has done is create over $5 trillion in deficits. and a debt of $16 trillion in total. >> see him run his record. that is what he has done. lou: i want to understand something here. is there some way he doesn't run on his record? i'm sorry. >> for the last 20 muncie has been running and his record. lou: i'm not talking about that. i'm talking about right now. governor romney put him on his record, and that was his signature achievement. >> i promise you, what they will do, they're going to fire ever nuclear bomb they have. lou: had dirty. is that what you're saying? >> a
>> she has been saying he wants to extend the bush tax cuts. he wants to give tax cuts to people over to -- 250. repeal the estate tax and he said he also wants to increase spending for the defense industry. so i don't -- it's right there. this is what he has been running on. he says this will spark economic revival. >> so we don't know is what the president will run on. lou: we do know. he has to run on his record. what he has done is not deliver on cutting the deficit. what he has...
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neil: it's a catch 22; right, charlie? >> right. neil: my argument, you know where the money's going. i don't know what you do with the money you had because it was not spent in the congress venges, more bang for the buck not paying a penny for the debate performance. does it restrategize, do both campaigns restrategize what? >> i think what you'll see now, based on my conversations with fairly significant people, is that you're going to see romney be much more strident, okay? i think they're going to take a different tone now. neil: was he strident last night or in your face? i don't call you strident. you are in the face. >> what's the definition of "strident?" neil: being an as. >> okay. sometimes you have to be [bleep] neil: he called him president, and he -- that's when you get nasty, but it was not nasty. >> what i like about mitt romney and paul ryan, they are opposed to the policies, but they treat him with the respect dedeserves. too many conservatives, the attacks are demeaning because they attack him as a person and not h
neil: it's a catch 22; right, charlie? >> right. neil: my argument, you know where the money's going. i don't know what you do with the money you had because it was not spent in the congress venges, more bang for the buck not paying a penny for the debate performance. does it restrategize, do both campaigns restrategize what? >> i think what you'll see now, based on my conversations with fairly significant people, is that you're going to see romney be much more strident, okay? i...
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this is a big hit, down 22%. the retailer said higher promotional activity contributed to the cut in estimates. you want to get people in the door with sales and promotions, but then you see what happens. it hurts our margins. my next guest has retail inside and out. under his reign sears had its most successful year ever for, and that was back in 2000. which retailers to see love right now? he will name them. what are his thoughts today? joining me now in a fox business exclusive. arthur martinez, former chairman, ceo and president of sears, also prompted tough chairman of hs in five and a member of the board of a ag. you're a busy guy. >> i sure am. i love it. it. liz: first this years. but it was being booted out. caught my heart a little bit. my mom used to buy her shoes from the catalog of sears. a big deal in canada. i saw that and i thought, that's really sad. imagine what you must have thought having done well for the company. >> is always a disappointment when you fall from the exulted ranks. i remember
this is a big hit, down 22%. the retailer said higher promotional activity contributed to the cut in estimates. you want to get people in the door with sales and promotions, but then you see what happens. it hurts our margins. my next guest has retail inside and out. under his reign sears had its most successful year ever for, and that was back in 2000. which retailers to see love right now? he will name them. what are his thoughts today? joining me now in a fox business exclusive. arthur...